AI DUST Forecast + Trading Strategies


Bullish Case: With DUST's implied volatility trending upwards in late September, there is potential for a significant price rally driven by gold market dynamics and mean reversion effects that favor DUST's recovery.


Bearish Case: High implied volatility, especially in the short term, suggests increased market uncertainty and potential for further downside, supported by DUST's historical mean-reverting price behavior and recent lows.


Potential Outcomes:

1. Price recovery to $8 by late October (35%).

2. Continued decline to $4 by December (40%).

3. Range-bound trading between $5-$6 with high volatility (25%).


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September 14, 2024


Direxion Daily Gold Miners Index Bear 2X S Forecast

DUST      Direxion Daily Gold Miners Index Bear 2X S











Correlated Assets

Assets that tend to move strongly with DUST



GLL Forecast + Options Trading Strategies   GLL  ProShares UltraShort Gold (0.96)


EWCZ Forecast + Options Trading Strategies   EWCZ  European Wax Center (0.9)


SH Forecast + Options Trading Strategies   SH  ProShares Short S&P500 (0.87)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (0.87)


SDS Forecast + Options Trading Strategies   SDS  ProShares UltraShort S&P500 (0.87)



Uncorrelated Assets

Assets with little price relationship to DUST



PLAB Forecast + Options Trading Strategies   PLAB  Photronics (0.0)


MITK Forecast + Options Trading Strategies   MITK  Mitek Systems (-0.0)


EH Forecast + Options Trading Strategies   EH  EHang Holdings Ltd - (-0.0)


ITW Forecast + Options Trading Strategies   ITW  Illinois Tool Works (-0.01)


TM Forecast + Options Trading Strategies   TM  Toyota Motor (0.01)



Anticorrelated Assets

Assets that tend to move strongly against DUST



AGI Forecast + Options Trading Strategies   AGI  Alamos Gold (-0.98)


KGC Forecast + Options Trading Strategies   KGC  Kinross Gold (-0.98)


NGD Forecast + Options Trading Strategies   NGD  New Gold (-0.98)


GDXJ Forecast + Options Trading Strategies   GDXJ  VanEck Vectors Junior Gold Miners (-0.99)


AEM Forecast + Options Trading Strategies   AEM  Agnico Eagle Mines (-0.99)





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